Melbourne Cup Sweeps

A sweep is when a number of people pay to purchase a set of tickets, each representing a horse. The tickets are given out randomly, and each ticket costs the same (usually $1 – $5), so there is no skill element involved, and odds are ignored completely. The prize pool is made up of the receipts exclusively, and is divided out to the holders of the tickets for winning horses. Typically, first place will win about half of the prize pool, with the remainder divided on a sliding scale to second, third, and sometimes fourth place. There may even be some money given to last place, considering the random nature of a sweep.

Office sweeps are exceptionally popular in Australia for the Melbourne Cup, and as a social event the sweep becomes the focus of the day’s festivities. Daily newspapers such as the Sydney Morning Herald include full colour lift-outs with images of each horse which can be cut up and used as tickets, as well as instructions on running the sweep, and space to record the names of who has each ticket.

In 2007 the Victorian TAB and the Victoria Racing Club launched My Cup Sweep which is a completely online Melbourne Cup Sweep site.

In New Zealand office based sweeps are equally popular. Similarly to in Australia, major news such as the New Zealand Herald include full page sweeps pull outs.

Famous quotes containing the words cup and/or sweeps:

    I believe that water is the only drink for a wise man: wine is not so noble a liquor; and think of dashing the hopes of a morning with a cup of warm coffee, or of an evening with a dish of tea! Ah, how low I fall when I am tempted by them! Even music may be intoxicating. Such apparently slight causes destroyed Greece and Rome, and will destroy England and America.
    Henry David Thoreau (1817–1862)

    Roll forth, my song, like the rushing river,
    That sweeps along to the mighty sea;
    James Clarence Mangan (1803–1849)